Uber admits that insuring its drivers is 100% possible

Agencies

Dara Khosrowshahi, CEO of Uber, slammed the door for reassurance to the company’s investors after the new regulations of the European Union, issued in December, and assured that his company can prosper even under “rules that would force it to hire drivers as employees.”

During a private talk organized a few weeks ago by the Swiss bank UBS, Khosrowshahi assured bankers that recent decisions in Spain and the United Kingdom have not drastically hurt the company. Both countries enacted rules last year that oblige companies that take advantage of the ‘gig’ model (a free market system that consists of a contract or independent work performed temporarily or short-term) to provide more protection.

“There is a great demand for our technology, our service, our brand, our security, our reliability. Then, any model can work economically for us ”, He said.

In the UK, for example, the courts ruled that Uber classify 70,000 drivers as “workers.” Such a distinction, under British labor law, allows young people to receive a minimum wage, holidays and access to a pension. Uber promised to abide by the ruling.

Uber in debt to the US

These statements have been met with cold enthusiasm on the other side of the globe. From the US, the California unions have condemned a stance diametrically opposed to that exhibited by the company in their territory. Anyway, they celebrate this “confession of part”.

Yes OK Uber admitted defeat in the UK, continues to oppose the Spanish Passenger Law and tries to bring its voice to Brussels to avoid a similar status across the EU.

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